OM announces 2024 SEED winners
The Old Mutual Namibia Foundation this week announced the successful winners of the 2024 OM SEED Kavango West Region.The 2024 Old Mutual Sustainable, Economic and Empowerment Drive (OM SEED) initiative has brought to light the entrepreneurial prowess within the Kavango West Region.
This year’s competition has unearthed talent and innovative businesses from Nkurenkuru, culminating in the recognition of three entrepreneurs who are set to make a significant impact in their communities.
Leading the charge and winning N$50 000 is Januarius Hamutenya, the founder of Hamutenya Furniture Manufacturing, which specialises in the manufacturing and repair of furniture.
Johannes Sheya, the visionary behind Kalondo Trading Enterprises CC, secured the second prize of N$30 000. His business focuses on the manufacturing of precast materials, providing essential building products to the local construction industry.
Taking the third prize and N$20 000 is Josephine Da Costa, the entrepreneur behind Jostaria Trading CC, which specialises in poultry farming. Da Costa’s farm is known for its high-quality poultry products that support local food security.
Fostering growth
Mignon du Preez, Old Mutual Namibia's group marketing, public affairs and sustainability executive, reflected on the impact of OM SEED: "The entrepreneurs from the Kavango West Region symbolise the resilience and creativity of our nation. Their journeys demonstrate the transformative potential of initiatives like OM SEED in fostering economic growth, innovation and community upliftment."
Du Preez commended the winners for their dedication and vision.
"Their success stories inspire us all. The achievements of Hamutenya, Sheya, and Da Costa reaffirm our commitment to nurturing Namibia’s entrepreneurial talent. We are proud to support their journeys and look forward to the positive changes they will bring to their communities."
Hamutenya expressed his excitement, saying: "Winning the OM SEED first prize is a monumental achievement for us. This funding will allow Hamutenya Furniture Manufacturing to expand our workshop and enhance our product range. We are committed to delivering top-quality furniture that meets the needs of our community."